Melco Resorts: A Disproportionate Hit on 2Q Results and Lower Macau GGR Creates a Smart Entry Point
Much of Melco's 2Q earnings miss was due to mandated accounting standards reporting and unlucky play in VIP. 2Q total revenue increases in mass...
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Macau VIP Slowdown? We See Opposite!
Robust Inbound Visitation Growth from Mainland China; Accelerating VIP Rolling MomentumWe estimate that the Average Daily Revenue (ADR) in Macau...
432 Views
Rising Cautions on China’s Economy, Currency and Earnings in H2 2018: Macau, NOAH Holdings, JD.com
We are tracking closely the direct and indirect impact from the US-China bilateral trade tension, in terms of FX/RMBUSD, the broader economy and...
205 Views
TRACKING TRAFFIC/Chinese Tourism: Stellar April Outbound Traffic | China Lodging Now Top Pick
Tracking Traffic/Chinese Tourism is the hub for all of our research on China's tourism sector and features analysis of monthly Chinese tourism...
141 Views
Genting Berhad: Attractively Valued on 5-Yr NAV Discount History
Our stub valuation method reveals that Genting Bhd (GENT MK) attractively trades at (near) 2 SD below its 5-yr mean of NAV discount (see Chart...
211 Views